Luxembourg: Financial institutions development, access
* indicates monthly or quarterly data series
| Luxembourg |
Financial institutions development, access |
|---|---|
| Latest value | 0.935 |
| Year | 2021 |
| Measure | index points |
| Data availability | 1980 - 2021 |
| Average | 0.946 |
| Min - Max | 0.539 - 1.000 |
| Source | International Monetary Fund |
| Available for | Data download |
The latest value from 2021 is 0.935 index points, a decline from 0.972 index points in 2020. In comparison, the world average is 0.363 index points, based on data from 175 countries. Historically, the average for Luxembourg from 1980 to 2021 is 0.946 index points. The minimum value, 0.539 index points, was reached in 1980 while the maximum of 1 index points was recorded in 1986.
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* indicates monthly or quarterly data series
| Recent values | Luxembourg: Financial institutions development, access |
|---|---|
| 2021 | 0.935 |
| 2020 | 0.972 |
| 2019 | 1.000 |
| 2018 | 1.000 |
| 2017 | 1.000 |
| 2016 | 0.985 |
| 2015 | 0.976 |
| 2014 | 0.962 |
Definition: Measures access to financial services as a principal component of the following two variables: Bank branches per 100,000 adults and ATMs per 100,000 adults. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Financial development | 0.708 | 2021 | index points |
| Financial institutions development | 0.823 | 2021 | index points |
| Financial institutions development, depth | 0.625 | 2021 | index points |
| Financial institutions development, access | 0.935 | 2021 | index points |
| Financial institutions development, efficiency | 0.551 | 2021 | index points |
| Financial markets development | 0.564 | 2021 | index points |
| Financial markets development, depth | 0.649 | 2021 | index points |
| Financial markets development, access | 1.000 | 2021 | index points |
| Financial markets development, efficiency | 0.001 | 2021 | index points |